September 08, 2006

Just checked the stock price of EDU, New Oriental Education which went public on Wednesday. It's up $6.57 from its IPO price of $15! What a ride! The company offers test prep services - SAT, GRE, TOEFL, etc - to students in China. It looks like China tech IPOs are back. Read my post earlier this week which said New Oriental Education would be a very strong deal.